Solar Panel Cost Guide in Winter Garden, FL (Feb 2023)
- Winter Garden Solar Installation Cost: $9,687
- 25-Year Savings: $21,917
- Payback Period: 7.7 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Winter Garden
Find out what the average cost of solar panel installation is in Winter Garden.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Winter Garden, the typical cost of a solar system is $3 per watt. Because a 5.5-kW system is needed to cover the energy needs of a typical home in Winter Garden, the average price of going solar will be about $9,687 before claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Winter Garden homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $22,000 on power bills over 20 years, many homeowners in Winter Garden find going solar can pay off big.
You can click the button below to get connected with a top solar installer in Winter Garden that can help you get a more accurate cost estimate for your home.
Solar savings over time in Winter Garden
| Year | Return on Investment |
|---|---|
| 1 years | $-8,423 |
| 3 years | $-5,895 |
| 5 years | $-3,367 |
| 7 years | $-838 |
| 9 years | $1,690 |
| 11 years | $4,219 |
| 13 years | $6,747 |
| 15 years | $9,275 |
| 17 years | $11,804 |
| 19 years | $14,332 |
| 21 years | $16,860 |
| 23 years | $19,389 |
| 25 years | $21,917 |
Top Solar Installers in Winter Garden
When switching to solar energy, many homeowners decide to hire a solar installation company since putting up solar panels yourself can be a difficult project. Another great thing about going with a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Winter Garden
Factors that Affect Solar Panel Costs in Winter Garden
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Winter Garden: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The model of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Winter Garden provide solar loans, which reduce your upfront costs of installing solar. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Winter Garden, you'll have many options to choose from, but each comes at various price points for labor and equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.63 | $11,051 | $23,587 | 8.0 years |
| 8 kW | $2.58 | $14,451 | $31,733 | 7.8 years |
| 10 kW | $2.53 | $17,710 | $40,020 | 7.7 years |
| 12 kW | $2.48 | $20,827 | $48,449 | 7.5 years |
| 14 kW | $2.43 | $23,802 | $57,020 | 7.4 years |
| 16 kW | $2.38 | $26,636 | $65,733 | 7.2 years |
| 18 kW | $2.33 | $29,328 | $74,587 | 7.1 years |
| 20 kW | $2.28 | $31,878 | $83,583 | 6.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Winter Garden, FL Solar Cost FAQs
What is the average cost of installing solar panels in Winter Garden?
The average cost of solar panels in Winter Garden is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Winter Garden?
A solar panel system isn't free in Winter Garden, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Winter Garden, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.